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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Burjis S. who wrote (28494)	3/19/1999 10:14:00 AM
From: Jenna	Read Replies (1) \| Respond to of 120523

GPSI.. reported about 9% earnings surprise. #1 I wouldn't touch it until it trades above 39 3/4 Great Plains Reports Financial Results for the Third Quarter FARGO, N.D., March 18 /PRNewswire/ -- Great Plains Software, Inc. (Nasdaq: GPSI - news), a leading provider of business management software solutions to the midmarket, announced today financial results for the fiscal quarter ending February 28, 1999. Great Plains reported third quarter revenues of $35.8 million, a 59% increase over the same period last fiscal year. Operating income for the third quarter of fiscal 1999 was $4.8 million, up 56% over the third quarter of fiscal 1998. Net income and diluted earnings per share for the third quarter of fiscal 1999 were $3.4 million and 23 cents per share respectively, compared to net income and diluted earnings per share of $2.4 million and 17 cents per share for the same period last fiscal year. Revenues for the nine months ended February 28, 1999, were $94.8 million, an increase of 59% over the comparable period last fiscal year. Operating income for the nine months ended February 28, 1999, was $11.9 million, a 60% increase over the comparable period last fiscal year. Net income and diluted earnings per share for the nine months ended February 28, 1999, were $8.4 million and 58 cents respectively, compared to net income and diluted earnings per share of $6.0 million and 43 cents per share for the same period last fiscal year. Revenues from the Company's Dynamics platform solutions -- Dynamics and Dynamics C/S+ -- accounted for $33.5 million in revenues during the third quarter of fiscal 1999, an increase of 72% over the same period last fiscal year. For the nine months ended February 28, 1999, revenues from the Company's Dynamics platform solutions were $88.2 million, a 71% increase over the same period last fiscal year.